oil price shock News
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Latest Articles
- Gold Prices Exhibit Extreme Volatility Near $4,800 per Ounce as Resumed Strait of Hormuz Blockade Triggers Global Energy Shock
Published: Apr 21, 2026
Section: Metals
Gold spot prices experienced sharp fluctuations on Tuesday, April 21, as the re-closure of the Strait of Hormuz by Iranian forces sent oil prices surging by 5%. Investors are pivot...
- IEA Chief Compares 2026 Energy Crisis to 1970s Oil Shocks Amid Strait of Hormuz Volatility
Published: Apr 21, 2026
Section: Iran War
International Energy Agency (IEA) Executive Director Fatih Birol has warned that the global energy system is in an "extremely fragile" state, with the potential for long-lasting st...
- Global Markets Rally as Pakistani Mediators Breakthrough Stalled US-Iran Peace Negotiations
Published: Apr 16, 2026
Section: Global Economy
Optimism for an end to the six-week Iran war grew on Thursday after Field Marshal Asim Munir of Pakistan facilitated progress on "sticky issues" during high-level mediation in Tehr...
- Global Central Banks Pause Easing Cycles as Geopolitical Tensions Cloud Outlook
Published: Apr 2, 2026
Section: Banking & Finance
Major central banks largely kept interest rates unchanged in March 2026, citing the destabilizing economic effects of the ongoing war in the Middle East. While most developed natio...
- Global Markets Bracing for Inflationary Shock as Gulf Energy Exports Stall
Published: Mar 9, 2026
Section: Markets
Conflict in the Middle East has sparked an "inflation wave," with oil prices surging 27% following the de facto closure of the Strait of Hormuz. With Gulf providers threatening to...